Bank of New York Mellon - Announcements, Interviews & News Stories

BNY ConvergEx widens OMS partner network for algorithmic trading

BNY ConvergEx Group, a leading provider of agency brokerage and investment technology solutions, announced today that the integration of its sophisticated Feats algorithmic trading tools with premier order management system (OMS) providers continues to expand as more partners are added to its growing network.

15 December 2006

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Todd Rudley joins firstRain as VP of sales

firstRain, a premium research service that uses search technology to provide targeted and relevant information to fuel clients' insights, today announced that Todd Rudley has joined the company as vice president of sales.

12 December 2006

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The Bank of New York upgrades depositary receipts website

The Bank of New York, a global leader in securities servicing, has launched an enhanced version of its depositary receipts (DR) website, www.adrbny.com. The new website offers a comprehensive DR directory that allows users to find detailed information on specific DR programs and the DR market at large, several new interactive capabilities and streamlined navigation to greatly improve the user experience.

08 December 2006

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Pershing offers access to Standard & Poor's MarketSelect

Pershing, a subsidiary of The Bank of New York Company, has begun providing its introducing broker-dealer customers with access to Standard & Poor's MarketSelect.

06 December 2006

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Bravura completes Rufus acquisition

Bravura Solutions (Bravura), a leading global supplier of wealth management applications and professional services, has finalised its acquisition of The Bank of New York’s (NYSE: BK) Rufus Software business (Rufus Business) and Rufus GTA software (Rufus).

04 December 2006

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BNY ConvergEx introduces Jaywalk 360 research service

BNY ConvergEx Group, LLC, a leader in agency brokerage and investment technology solutions, today announced the launch of Jaywalk 360, a new independent research service designed to deliver the best and brightest ideas and analysis from its BNY Jaywalk Independent Research Provider (IRP) network.

28 November 2006

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Independent Financial outsources trading and clearing services to Pershing

Independent Financial Marketing Group, Inc. (Independent Financial) today announced a clearing and trading services agreement with Pershing LLC, a subsidiary of The Bank of New York Company, Inc.

27 November 2006

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The Bank of New York's Donald Monks elected USCIB treasurer

Donald R. Monks, vice chairman of The Bank of New York, was elected treasurer of the United States Council for International Business (USCIB), a group representing America's top global companies, at a meeting of USCIB's board of directors last month.

17 November 2006

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Bank of New York Pershing unit launches online account management system

Pershing Advisor Solutions LLC unit of The Bank of New York Company, Inc. has launched NetExchange Investor, a comprehensive online account management solution for independent registered investment advisors' clients.

10 November 2006

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BoNY introduces derivatives margin management service

The Bank of New York has introduced a derivatives margin management service that facilitates for clients the administrative, processing, reinvestment and valuation activities associated with posting and receiving collateral in connection with over-the-counter (OTC) derivatives trades.

08 November 2006

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State Street appoints former Mellon man Klinck to head investment product services

State Street Corporation (NYSE:STT), the world’s leading provider of financial services to institutional investors, today announced the appointment of John (Jack) L. Klinck, Jr. to a newly created role as executive vice president and head of Global Investment Product Services. Klinck, who will report to Jay Hooley, executive vice president and head of Investment Servicing and Investment Research and Trading for State Street, will be responsible for the strategic direction, global sales and product structuring of the company’s hedge and offshore fund servicing capabilities worldwide.

03 November 2006

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BNY ConvergEx introduces commission management system

BNY ConvergEx Group, LLC, a leader in agency brokerage and investment technology solutions, today announced the launch of SHAREx, its solution for commission sharing arrangements for the investment management community.

30 October 2006

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